SEC Form 4 · accession 0000950138-17-000791
EMERSON ELECTRIC CO · EMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J. Pelch
Officer — Exec VP - Org. Planning & Dev.
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 1:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000032604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 6, 2017 | M | 3,200 | $30.025 | A | 73,808 | D | |
| Common StockF2 | Dec 6, 2017 | F | 688 | $64.955 | D | 73,120 | D | |
| Common StockF3 | Dec 6, 2017 | F | 246 | $64.965 | D | 72,874 | D | |
| Common StockF4 | Dec 6, 2017 | S | 1,978 | $65.2472 | D | 70,896 | D | |
| Common StockF7 | Dec 6, 2017 | M | 2,621 | $53.31 | A | 73,517 | D | |
| Common StockF3 | Dec 6, 2017 | F | 2,150 | $64.965 | D | 71,367 | D | |
| Common StockF9,F10 | Dec 6, 2017 | G | 750 | — | D | 70,617 | D | |
| Common Stock | holding | — | — | — | 1,354 | I | 401(k) plan | |
| Common Stock | holding | — | — | — | 1,555 | I | 401(k) excess plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F6,F5 | $30.025 | Dec 6, 2017 | M | 3,200 | D | Feb 9, 2010 | Feb 9, 2019 | Common Stock | 3,200 | 0 | D |
| Employee Stock Option (Right to Buy)F7,F6,F8 | $53.31 | Dec 6, 2017 | M | 2,621 | D | Oct 4, 2011 | Oct 4, 2020 | Common Stock | 2,621 | 12,379 | D |
Explanation of responses
- F1Exercise of 2,666 non-qualified stock options and 534 incentive stock options exempt under Rule 16b-3.
- F10Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.
- F2Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.
- F3Payment of option exercise price by delivering securities.
- F4The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.2471 to $65.25. The Reporting Person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- F5When taken together with previously exercised options and the unexercised options reported in this Form 4 all having the same grant date, exercise price, and expiration date, all such options together vested in three equal annual installments beginning on the date indicated.
- F6Price is not applicable to stock options received as incentive compensation.
- F7Exercise of 2,621 incentive stock options exempt under Rule 16b-3.
- F8Options vested in three equal annual installments beginning on the date indicated.
- F9Bona fide gift by the Reporting Person of 750 shares to the Emerson Directors' and Officers' Charitable Trust.